8(HS Code) Flashcards

1
Q

Expand HS

A

Harmonized System

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2
Q

Is it Indian Innovation

A

Nope…it is developed by World Coustom Org

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3
Q

what does the code do

A

It is used by coustoms officers to clear easy commodities crossing international borders and is also used easily to track inflow and out flow of the commodity

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4
Q

which item recently got the tag

A

Khadi

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5
Q

when was WCO formed

A

1952
@Brussesl Belgium
Intergovt org

It administers technical aspects of WTO,agreements on coustoms valuation and rules of origin

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